The flat glass market size was USD 140.30 Billion in 2021 and is expected to register a revenue CAGR of 7.5% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for flat glass from the automotive sector for various applications in passenger vehicles is a major factor driving market revenue growth.
In addition, increasing use of flat glass for production of solar panels is expected to propel revenue growth of the market in the future. Bulk of solar modules used for production of glass is the single largest component by mass, accounting for around 97% of module\'s weight. In solar power systems, glass is used to protect components, provide structural strength to module, and enclose cells.
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One of the report’s central components is the broad Flat Glass Market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report.
Key players in the market include Saint Gobain, Cevital Group, Vitro, Euroglas, Schott AG, Cardinal Glass Industries, Guardian Industries, Gulf Glass Industries, Scheuten Glass, and China Glass Holdings Limited.
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Emergen Research has segmented the flat glass market based on product, application, and region:
Product Outlook (Revenue, USD Billion; 2019–2030)
Application Outlook (Revenue, USD Billion; 2019–2030)
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The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
Rest of EU
Rest of APAC
Rest of Latin America
Middle East Africa
Rest of MEA
The report addresses the following key points:
The report estimates the expected market size from 2022-2030
The report provides a forecast of market drivers, restraints, and future opportunities for the Flat Glass market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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